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re: What is the ratio of the price you paid for your car to your annual salary?
Posted on 3/16/15 at 12:24 pm to GRTiger
Posted on 3/16/15 at 12:24 pm to GRTiger
I feel that most people do spend a little out of their means on vehicles. I do think a family living off of $60k should probably be driving a sub $20k vehicle instead of the $40k+ Z71 that's in the driveway. But, this is just ridiculous. In the 150-200 bracket, I've got no problems paying for a Tahoe and a Jetta TDI. I still put 25% of my money into retirement and savings, and have a little left over to put in savings if I budget well. Being financially smart is one thing, but this is stupidity.
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